Victorian Current Acts

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EDUCATION AND TRAINING REFORM ACT 2006 - SECT 3.3.6

Financial powers

The Board

        (a)     may apply money for or towards the costs of or incidental to the performance of its functions and the exercise of its powers under this Act; and

        (b)     may make payments by way of grants, subsidies or loans in relation to adult, community and further education to any person, organisation or institution, whether public or private, on any terms or conditions that the Board thinks fit; and

S. 3.3.6(c) substituted by No. 71/2010 s. 62(2), amended by No. 31/2018 s. 42(a).

        (c)     may make payments by way of grants, subsidies or loans in relation to adult, community and further education to a TAFE institute and any such payment must be made on any terms and conditions that the Board thinks fit; and

S. 3.3.6(d) amended by No. 31/2018 s. 42(b).

        (d)     may make payments to a Regional Council or an adult education institution with respect to their functions in accordance with a performance agreement entered into under section 3.3.7;

        (e)     may make payments by way of grants, subsidies or loans in relation to education other than adult, community and further education and any such payment—

              (i)     must not be made unless the Minister has first given his or her consent to it; and

              (ii)     is subject to any terms and conditions imposed by the Minister.



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